Premier Startup Acceleratorfor Korea’s Entrepreneurs
Our VisionFounded by Entrepreneurs for EntrepreneursAll of our founders are entrepreneurs who have built companies in Korea and the U.S. We have endured the ups and downs of entrepreneurship, successes and failures, and have developed a strong desire to help out the next genera>on of Korea’s entrepreneurs. Conﬁdenal. Please do not distribute.
Our ProgramMentorship-driven Startup AcceleratorSparkLabs is providing a 3-‐month long program for seed to early-‐stage entrepreneurs who have a vision beyond Korea’s borders. Entrepreneurs who want to build global companies and have a vision to expand to the U.S., China, Japan and elsewhere. SparkLabs uniquely provides a world-‐class team of mentors to accelerate and guide each of our companies. Conﬁdenal. Please do not distribute.
Our ProgramProgram Elements• 4 to 8 startups chosen for each class. Two classes per year. • Investment of $25,000 (typically 6% of the company) • Over $215,000 in free perks (i.e. oﬃce space, hos>ng, access to Silicon Valley’s top law ﬁrm, Wilson Sonsini) • Assignment of at least 5 world-‐class mentors Conﬁdenal. Please do not distribute.
Our TeamBernard Moon, Co-founder & General PartnerBernard is Co-‐founder & CEO of Vidquik, a new web conferencing & sales solu>ons plaorm. He was previously a Managing Director at the Lunsford Group, which is a private investment ﬁrm with holdings in real estate, healthcare and other industries. Bernard was Co-‐founder & VP of Business Development of GoingOn Networks, a social media plaorm for companies, and also led their product development where BusinessWeek recognized them in their "Best of the Web" list. Bernard co-‐founded a couple other startups, raised over $50 million in venture capital, and enjoys helping other entrepreneurs as much as possible. He serves as a mentor to Mucker Lab, a startup accelerator in LA, and a mentor at KoFounder Labs, an ini>a>ve of the Korean govt/KISED run by YouNoodle in Silicon Valley. He is a frequent guest writer to various technology journals, such as VentureBeat and Mashable. Bernard has spoke and lectured about startups and entrepreneurship at Stanford University, American Chamber of Commerce in Korea and other organiza>ons James Kim, Co-founder & General PartnerJimmy is Chairman of Inno>ve, an interac>ve soiware company that mixes passion, crea>vity and technology to create new interac>ve user experiences and innova>ve presenta>on solu>ons. Inno>ve’s client lists include BMW, Inﬁni>, Nike Golf, Dentsu, Korea Telecom and other leading worldwide companies. Previously, Jimmy was CEO of Nexonova, a game development studio of Nexon Corp that specializes in Social Network Games, and served on Nexons Board of Directors. Prior to Nexonova, Jimmy served Execu>ve Vice President of Nexon Corp, and Head of Nexon’s Portal (www.nexon.com) and Web Services. Nexon is one of the most successful online gaming provider, with games such as Maple Story, Dungeon and Fighter, Combat Arms, and Kart Rider. Nexon services over 20 games across 60 countries to an audience of 300 million. Jimmy received his B.S. in Engineering from Northwestern University, and also a M.S. in Engineering from Korea Advanced Ins>tute of Science and Technology (KAIST). Conﬁdenal. Please do not distribute.
Our TeamJohn Lee, Co-founder & General PartnerJohn Lee is a co-‐founder & EVP of Corporate Development and Strategy of Hostway. He serves addi>onal responsibili>es as CEO of Hostway India and Hostway Korea. John and his fellow co-‐founders bootstrapped Hostway into a top 5 web hos>ng company in the world with over 700 employees. Hostway is a mul>na>onal web hos>ng company headquartered in Chicago, and serves more than 600,000 customers worldwide. He is currently responsible for overall corporate strategy, strategic alliances, and mergers and acquisi>ons. Previously, he has held posi>ons in every department of the company, including leading global marke>ng and sales and overall P&L for North America. Mr. Lee was born and raised in Korea and immigrated to the United States at age 13. He holds a BA in Biology from the University of Chicago. Jay McCarthy, General PartnerJay has more than 22 years’ experience in Asia. Currently, as a Managing Partner of Paciﬁc Advisers, he has advised, ﬁnanced and invested in a number of deals across industries, principally mining & energy, technology and property. In recent years, Jay has focused on origina>ng investment mandates for PA to invest its own capital in both publicly listed and private vehicles. Such origina>on leads to co-‐investment opportuni>es selec>vely with the hedge fund and ins>tu>onal investor communi>es. Jay has signiﬁcant experience with structuring deals and working with their investor, industry and service (legal and advisory) counterparts. Previously, Jay served as an Execu>ve Director in the Equity Division at Morgan Stanley and worked in the Tokyo, HK, Beijing and Singapore oﬃces over a 16-‐year period. Within this >me, Jay served 2 years as Morgan Stanley’s “secondee” to China Interna>onal Capital Corpora>on, their JV Chinese Investment Bank, as the Director in charge of the Equity Division and Capital Markets in HK (& Beijing). Prior to that, Jay worked at Coopers & Lybrand in New York (USA). Jay graduated from Boston College in Newton, MA, USA and has basic speaking skills in Japanese. Conﬁdenal. Please do not distribute.
Our TeamAwy Julianto, General PartnerAwy is a General Partner of Paciﬁc Advisers. He has extensive experience in technology, media, consumer products and telecom industries in Asia Paciﬁc over the past 18 years. Awy’s key exper>se is in the technology, gaming, e–commerce, and consumer retail sectors. His current areas of geographical focus are China, Korea and SEA -‐ Indonesia. In 2012, two recent ﬁnancial deals that Awy executed on were capital raising assignments for 360Buy and Ganji in China. Awy has served as Senior Vice President and Managing Director of Fox Digital Group at News Corp where he was in charge of the companys expansion into the Asia Paciﬁc region including Australia and India. Awy has also previously held senior management posi>on with Viacom Brand Solu>on and MTV Networks Interna>onal, where he launched MTV Japan, MTV India, MTV Australia, and MTV Indonesia. Awy was selected as one of the ten MTV Networks Interna>onal Leaders to par>cipate in World Class Management Ini>a>ve in London and Cannes. Awy was also in>mately involved in the expansion of Truphone, a global Vodafone UK MVNO partner into the Asia Paciﬁc and Middle East region. Awy graduated from the University of Parahyangan, Indonesia. He speaks English, Bahasa and proﬁcient Mandarin. Conﬁdenal. Please do not distribute.
Advisors & MentorsAdvisorsMark Cuban, Owner of the Dallas Mavericks Michael Crow, President of Arizona State University & Chairman of In-‐Q-‐Tel Ray Ozzie, CEO of Talko & Former Chief Soiware Architect at Microsoi Vint Cerf, Vice President & Chief Internet Evangelist for Google Tom Peters, Management Guru & Author of In Search of Excellence Mentors (selected from over 90)Charles Huang, Co-‐Founder of RedOctane (Guitar Hero) David Lee, Managing Partner of SV Angel Douglas Glen, Former GM of LucasGames & CSO of Maqel Erik Moreno, SVP of Corp. Development at Fox Mike Joo, COO of Global Markets at BofA Merrill Lynch Conﬁdenal. Please do not distribute.
PartnersHostway Korea (free hosting)DEMO (fast track application process / discount if accepted)DEMO China (fast track application process / discount if accepted)Wilson Sonsini Goodrich & Rosati (legal counsel / $5,000 deferred fees)Ginger Software (free English tutoring)Global Accelerator Network (Techstars network, over $100,000 in perks)F6S (Accelerator platform, over $40,000 in perks) Conﬁdenal. Please do not distribute.
First Class of CompaniesNFLabs (Big Data) Funding to date: $500,000A big data company that built Peloton, a service that provides a full end-to-end solution to store, manage, process, and analyze largeamounts of data. The plug-and-play solution brings together Hadoop, real-time search technology and enterprise grade connectors.The company has already scored partnership deals with Korea’s Hyosung Information Systems and Hortonworks in the US.KnowRe (Educational Tech) Funding to date: $400,000An educational technology company that provides learning experiences tailored to individual students. The system assesses studentsstrengths and weaknesses before drawing up a personalized plan based on their needs. Closed $1.4 million from Softbank Korea afterthe start of the program.Ablar Company (App Development) Funding to date: $3 millionAblar has launched a range of mobile applications and products, including Craigslist-for-Korea ‘Bulletin’ and restaurant reservationapp ‘Reservation King, Poing’. The company has two products in the pipeline for this year, and was started by the founder ofTatter&Company, a blogging software system bought by Google in 2008. Conﬁdenal. Please do not distribute.
First Class of CompaniesMerrywind (Gaming) Funding to date: $400,000The core of online gaming studio Merrywind comes from Korean gaming giant Nexon. The one-year-old company’s first productwas the recently released Facebook gambling game Hotel Casino.WePlanet (Mobile Social Service) Funding to date: BootstrappedA mobile social service that tracks activities and details of a user’s life through icon-based check-ins and the aggregation of datafrom services like Facebook.Memebox (Ecommerce/Beauty) Funding to date: $200,000 (Self-funded)A Korean online beauty store that opened in February 2012. It claims to have overtaken Rocket Internet-backed GlossyBox withinjust two months of launch. The team says it is focused on building its presence on mobile and expanding into other countries inAsia. Conﬁdenal. Please do not distribute.
Seminars for First ClassHae-min Lee, Chairman of Amotech and former CEO of Samsung Electronics (LCDDigital Appliances Group)Taught and discussed about his experiences as CEO of a large corporation and a startup. What it takes to succeedin business and overcoming impossible challenges. Managing rapid growth at Samsung Electronics and hisexperience of taking a startup to IPO in Korea.Charles Huang, Co-founder & CEO, GreenThrottle / Creator of Guitar HeroCharles entrepreneurial journey in building one of the handful of billion dollar video game franchises and hislatest eﬀort to disrupt the video game industry.Hyunki Moon, Former GM of Fleishman-Hillard KoreaMarketing & PR strategies for startups. Conﬁdenal. Please do not distribute.
Seminars for First ClassJun-yong Hyun, VP of Enterprise Solutions at LGU+"Open Innovation: What Are Large Corporations Looking For?” Discussed corporate partnerships and how best toprepare for and approach large enterprise.Eric Kim, Managing Director of Maverick CapitalEric led investments into Kakao and Coupang. He discussed his approach towards looking for the next biginvestment opportunities in Korea.Sirgoo Lee, Co-CEO of Kakao“Managing rapid growth." Since he managed rapid growth both at NHN and Kakao, Sirgoo discussed hisexperiences and thoughts on preserving startup culture through rapid growth.* This is a sample of the sessions given and not a complete list. Conﬁdenal. Please do not distribute.
Demo DayDemo Day is “graduation day” for each class. Our first class experienced asuccessful Demo Day on March7th, 2013 that was attended by over 120investors, corporate/business development professionals and journalists.The event created a lot of buzz with coverage from the major dailies inKorea, KBS News (major TV network), Forbes Korea and others. Conﬁdenal. Please do not distribute.